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Dogecoin ($DOGE) Could Hit $1, But Polygon ($MATIC) and Rollblock ($RBLK) Might Get There First

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2024-08-30 06:35:17764browse

Recent predictions suggest that analysts believe that Dogecoin could reach $1. However, with the meme coin market in turmoil, it's expected to take a bit longer for this prediction to play out.

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Dogecoin is currently far from the $1 target, but other projects like Polygon and crypto casino Rollblock could reach this milestone earlier.

What Happened: Dogecoin price today is $0.104, showing a 1.3% decrease in the last 24 hours. Dogecoin attempted a breakout last week, rising by 8.50% to reach a peak of $0.114. However, the momentum was short-lived, and Dogecoin fell back into the narrow $0.10 channel where it spent most of August.

Dogecoin is currently 10x away from reaching $1, which would put its market cap around $150 billion. This scenario is plausible, but analysts are skeptical it will occur this cycle.

Polygon price today is $0.4506, showing a 2.9% decrease in the last 24 hours. Polygon had been ranging around the $0.39 mark for the last few weeks, but a sudden surge in buying pressure saw the project experience a significant price increase.

Polygon rallied by 35%, reaching a local peak of $0.57. This was followed by a rejection and consolidation around the $0.49 mark. The uptrend seems to be confirmed, and analysts are confident that Polygon will soon soar above $1 again.

Rollblock is a community-backed DeFi casino set to dominate the online gambling industry, which is projected to be valued at $750 billion by 2028.

By leveraging blockchain technology, Rollblock seamlessly integrates centralized and decentralized gambling for the ultimate casino experience.

To use the platform, no KYC is required. Users can either connect their crypto wallets or sign up via email to access the platform. The gaming catalog features over 150 titles, ranging from casino classics to AI-powered games. Additionally, sports betting will be introduced soon.

In a world of vaporware projects and empty promises, Rollblock is fully licensed and already generating revenue with over 10,000 active users.

One of Rollblock’s key features is its revenue share model. Every week, the casino will use up to 30% of its revenue to purchase RBLK tokens and reinvest them into the ecosystem.

Half of this amount will be burned forever, creating the optimal deflationary environment for sustained price growth. The remaining half will be distributed to users who stake RBLK on the platform as part of the generous reward system.

Currently, stage 5 of the RBLK presale is 90% complete, with a price of $0.022 per token. Analysts anticipate another 800% surge by the presale’s conclusion.

As the hype around GambleFi intensifies and major exchange listings are finalized, RBLK could experience a 100x multiplier by 2025. This presents an exceptional opportunity for early buyers to achieve substantial gains in the coming months.

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